IEC Electronics (NYSEAMERICAN:IEC) is scheduled to announce its earnings results before the market opens on Wednesday, May 9th. Analysts expect the company to announce earnings of $0.05 per share for the quarter.
IEC Electronics (NYSEAMERICAN:IEC) last released its quarterly earnings data on Wednesday, February 7th. The technology company reported ($0.15) earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.19). The business had revenue of $21.16 million for the quarter, compared to analyst estimates of $27.50 million. IEC Electronics had a negative return on equity of 13.93% and a negative net margin of 2.34%.
IEC opened at $4.12 on Tuesday. IEC Electronics has a fifty-two week low of $3.35 and a fifty-two week high of $5.05.
Separately, Zacks Investment Research upgraded shares of IEC Electronics from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 11th. Two equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. IEC Electronics presently has an average rating of “Buy” and a consensus target price of $6.00.
IEC Electronics Company Profile
IEC Electronics Corp., together with its subsidiaries, provides electronic manufacturing services in the United States. It specializes in delivering technical solutions for the custom manufacturing, product configuration, and verification testing of engineered complex products that require a sophisticated level of manufacturing.
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